Category Archives: Bookkeeping

Content What is Project Accounting? Project Accounting vs Regular Accounting Project Accounting for Architecture and Engineering (A&E) Firms Resources to build high-performance teams What Is Project Accounting? It’s a perfect metric for project managers to do a financial analysis and ensure that they are making the most out of their time and resources. The key…

Content Getting your maximum refund starts here, choose your product Compare TurboTax business plans and pricing 2022 Seamless process Best Tax Software for 2022 Our Super Simple Guide to Home Equity The software uses easy to understand questions to guide users through complex filing rules. With robust examples and plenty of information bubbles, users are…

Content GAAP Completed Contract Method The Percentage of Completion Method Explained How to Use the Percentage of Completion Revenue recognition doesn’t equal payment A Guide to the Percentage of Completion Method for Contractors We’ll go into more detail about this calculation later.Once the contractor has determined the percentage of completion for a project, the percent…

Content What are the different types of Profit and Loss statements? Net profit What is a Profit and Loss Statement (P&L)? Downloadable Profit and Loss Template End of month 1 – Closing stock journal It is important to compare P&L statements from different accounting periods, as any changes over time become more meaningful than the…